EURUSD only

I think it will get to 1.0 before the FOMC tomorrow.

My expected limit 1.00350

Glad I stopped out early as my stop would have been hit.

Hope you all had a green day, congrats bears!

See you tomorrow.

What do you guys think.
Tomorrow's bears are for Friday's bull or vice versa.

We reached the predicted target and I believe that the mission of the bears is over for now.

With my latest calculations, 1.0078 is the minimum requirement to complete wave B... We are close, but we are not there yet!

My maximum target would be 1.0032...

Edit: I also added my H4 chart to show the larger picture... Bears are only getting warmed up for the final hit!

Volume dropped and I am calling it a day folks...

Tomorrow is filled with data and the most important ones will come inside US session, so sleep well and come back rested...

Best wishes

Today's interplay

0.236 & 0382 of this weekly fall should be targets for retraces, but you can use 0.50, 0.618 & 0.786 too.

Tomorrow again from me too, thanks all for likes, comments and for reading me.

Caught two more half sized longs for 9 pips.

Now done for the day!

The volume is actually a "tick volume".
There is great eye opening article on babypips about the truth of volume after reading which i stopped using volume long long ago.

Have we a cup here ?!

Another senario
H&sh

See DAILY chart below.. In a downtrend you can see cup and handles all the time... they are not that valuable signals! One out of 6 maybe plays out and therefore it is not something to rely on! On a side note: The original cup and handle formation was supposed to be a continuation pattern... Later they started using it also as a reversal pattern, but as you can see on chart below, they are not a trustworthy signal for reversals...

For our case, what is more important is the corrective ABC wave structure that we keep mentioning for weeks now.. A wave C to the upside is already expected as soon as wave B is complete... if that way your cup and handle plays out is just secondary... So no matter what, be prepared for bulls! They are lurking somewhere at these lows!

This "shit"will go deeply under 0.99 till to Friday or at the next week

Meanwhile, on H1...

Bears need a candle close below 1.0112... if no H1 candle close below this level then it is likely going back up to retest 1.0143 area...

Anyway.. I am going back to chill mode... see you tomorrow after London opening...

For tomorrow, I'll consider 1.0158 as resistance, and 1.0077 as support;

Up a combined 12 pips on these two.

Took a trade before bed.

Closing now.

Fed day tomorrow! Should be an interesting day.

Will we get 75 or 100 bps hike? Some huge block trades came through betting both ways.

Hello family,
I would like to share 6 graphics but all H1.
I want to explain here about the 6 graphics.
My markings are made from the minimum magnification of the graph to the maximum magnification. So from minimum to maximum are 6 steps, I hope I was clear.
Note where the level points are where the market always catches up.
I mean: the crosses between blue line and green line (green line is the main one).

(6) First graph is at maximum magnification.

(5)

(4)

(3)

(2)

(1) Minimum magnification

These are my markings for the H1 chart.

I'm marking 1.02250 as the main on my Renko 10 R chart.